Gurgaon

Listen To The Article Amazon has leased 5 lakh square feet of office space in Hyderabad and 3 lakh square feet of office space in Gurgaon for five years. Amazon has leased ground plus ten floors in Hyderabad for 60 months, totaling 4,87,800 square feet of space. The ground plus fourth floors were leased for Rs 52 per square foot per month, while the fifth to tenth floors were leased for Rs...

Listen To The Article The Delhi Traffic Police plans to close a 500-metre stretch of National Highway 48 on the Delhi-Gurugram Expressway for approximately 90 days to help the construction of a flyover and two underpasses, rising concerns about traffic congestion on the already congested stretch. The closure near Shiv Murti is intended to allow projects that will connect south Delhi with...

Listen To The Article Max Estates, a subsidiary of Max Ventures and Industries Ltd (MaxVIL), plans to invest about Rs 3,400 crore in new residential and commercial projects in Noida and Gurugram over the next four to five years, according to Sahil Vachani, the company's Managing Director (MD) and Chief Executive Officer (CEO). The company has purchased a plot of land in Noida's Sector 128...

Listen To The Article The Special Window for Affordable and Mid Income Housing (SWAMIH) investment fund has finished more than 20,000 homes worth 12,000 crores since its launch in 2019. The Union Finance Ministry is funding the SWAMIH fund, which is aimed at debt financing of distressed and affordable housing properties. Stressed properties are repossessed properties from a defaulting...

Listen To The Article The Gurugram Metropolitan Development Authority (GMDA) announced that construction on a key stretch of the master sector dividing the road passing through sectors 77, 78-78A, and 79-79A would begin within 15 days. It was stated that a hillock would be cleared to make way for sector road construction. GMDA officers stated that they got permission to remove the hillock in...

Listen To The Article Migsun Group announced that it has purchased 9 acres land parcel in Rohini, Delhi, for Rs 265 crore in order to develop a high-street retail project. They bought a land parcel in Rohini's Sector 22 from Yogi Raj Promoters Pvt Ltd for the development of retail project. According to Migsun Group MD Yash Miglani, the company has entered into a share purchase agreement with...

Listen To The Article Central Park, a real estate developer known for concept-based luxury housing with exceptional hospitality services, has launched luxury independent floors in Gurugram. The Orchard, based on the concept of a fruit valley, is located in iconic global township Central Park Flower Valley, Sohna. The Orchard is a low-rise luxury development with 284 residences in Stilt+4...

Listen To The Article The Department of Town and Country Planning (DTCP) has overturned its decision to cancel the project licence for an affordable housing project MRG Skyline in Sector 106. Following the cancellation of MRG Skyline's licence in November 2022, DTCP last week wrote to the police requesting an FIR against the developer for violation of norms. According to department...

Listen To The Article Marengo Asia Hospitals has increased its existence in the Delhi NCR by acquiring a 100% stake in the 250-beded W Pratiksha Hospital in Gurugram. Marengo Asia Healthcare acquires or partners only with clinically sound hospitals in order to integrate them into the Marengo Asia Hospital chain. Marengo Asia Hospitals has scaled up to 800 hospital beds in Delhi-NCR with its...

Listen To The Article The department of town and country planning (DTCP) Gurugram has suspended the licences of three affordable housing projects for failing to comply with their terms and conditions. Ocean Seven Buildtech Private Limited was granted licences in 2016, 2018, and 2019 to develop Expressway Towers in Sector 109, Golf Heights in Sector 69, and The Venetian in Sector 70 Gurugram...